NEWSWORTHY

Susanne Klatten might not be as famous as Elon Musk, the founder of . But she is definitely wealthier. Klatten, with an estimated net worth of $18.5 billion, is the richest person in the auto industry, according to Forbes’ new 2016 Billionaires List.

Unlike Musk, who built his electric car company from scratch, Klatten, 53, read »

This year the billionaires of the Lone Star state fill 39 slots on the Forbes 400, coming in third after California and New York. There’s one newcomer to the Texas list this year: George Bishop, whose read »

Since our inaugural list in 1985, Forbes has tracked America’s largest private companies for three decades. Among the 221 companies that make it to our annual ranking this year, 66 of them appeared in our inaugural list thirty years ago.

Indian billionaire diamond jeweller Nirav Modi has been accused of orchestrating the biggest banking scam the country has ever witnessed, allegedly having defrauded the state-owned Punjab National Bank (PNB) of close to two billion US dollars. read »

Nascar’s top 12 drivers earned $155 million last year from salaries and endorsements, as well as their share of race winnings and licensing. The total is off 20% from 2009 and will drop again this year with a crop of new drivers. read »

“This Tesla effect is a major trend and has really changed consumers’ perception of things that are battery driven and their capabilities,” says China’s Don Gao, billionaire founder of Positec, a potent rival of global heavyweights in the home improvement and hand tool industry. read »

President Trump’s son in law, Jerad Kushner is under fire for his use of the EB5 investor immigration program. The program has lost some of its luster. Chinese investors in particular have been shying away from it. This article discusses why the program is troubled and other immigration options. read »

It’s the story of a radiologist and an IT guy from one of the most distinguished universities in the country who thought it just might be possible to use virtual reality to tackle tangible problems in medicine, and it could revolutionize the way medicine is practiced and taught. read »

It’s what movies were made of nearly four decades ago. Today, Artificial Intelligence and deep learning could very well change the world through drug discovery and the eradication of disease. And one Baltimore-based company is betting on it. read »